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AEO- US/EU Mutual Recognition
Monday, 30 July 2012 08:51
The EU and US has announced that its respective AEO or CT-PAT authorised traders will enjoy the following benefits in a decision signed on 4/5/12:
  • Lower costs
  • Simplified procedures
  • Greater predictability

CIP (12)36 provides more details on this encouraging development.  Its main practical impact will be for companies exporting goods to the US as non-AEO approved exports are more than 5 times as likely to be investigated and possibly delayed, making AEO application of more practical use for these companies.

 

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